v3.26.1
Financial Investments
6 Months Ended
Jun. 30, 2026
Financial Investments  
Financial Investments

Note 3 Financial Investments

 

The financial investments are classified as held-to-maturity (“HTM”) because management has the intent and ability to hold the securities until maturity. These investments include time deposits with original maturities of one year or less, but greater than 90 days and are recorded at amortized cost in the condensed consolidated balance sheets.

 

 

 

June 30, 2026

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

HTM securities, at cost:

 

 

 

 

 

 

 

 

 

 

 

Time deposits

$

342,481

 

$

241

 

$

(478)

 

$

342,244

 

 

 

December 31, 2025

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

HTM securities, at cost:

 

 

 

 

 

 

 

 

 

 

 

Time deposits

$

280,845

 

$

687

 

$

(86)

 

$

281,445

 

No allowances for credit losses were recognized as of June 30, 2026 and December 31, 2025.